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Crude benzene market price drops by 15.68% in April 2020

1、 Price trend:

 

In April 2020, crude benzene market fell in shock. The factory price in North China was 2668.33 yuan / ton at the beginning of the month and 2250 yuan / ton at the end of the month, down 15.68% monthly.

 

On April 30, crude benzene commodity index was 35.23, which was the same as yesterday, 73.28% lower than 131.84 (2013-01-28), the highest point in the cycle, and 15.36% higher than 30.54, the lowest point on April 8, 2020. (Note: cycle refers to 2011-09-01 to now).

 

2、 Market analysis:

 

Domestic market: in April 2020, the crude benzene market fell in shock. In the first half of the month, the market of pure benzene rebounded rapidly. Each factory raised its listing price continuously. The increase of refining price was more significant everywhere. Under the influence of multiple favorable factors such as high market speculation, the market of pure benzene rose sharply. The crude benzene continued to rise in the first half of the month following the trend of pure benzene. The market promoted a strong atmosphere, and traders actively entered the market. A week long consolidation period began in mid April. On May 20th, the contract price of WTI plummeted to a negative value, and then the external market of pure benzene fell sharply. The arrival of goods at the port continued to increase. The atmosphere of domestic market negotiation turned weak, and the price of crude benzene fell. Since April, the operating rate of hydrogenated benzene enterprises continued to decline to less than 40%. Although some units resumed operation in mid April, they were subject to cost pressure Due to insufficient support for crude benzene demand, crude benzene enters the downward channel. As of the 30th, the quotation range of crude benzene in Shandong Province is 2100-2200 yuan / ton, with an average price of 2150 yuan / ton.

 

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Industry chain: crude oil: this month OPEC + Member States reached a joint production reduction agreement to support the oil market. However, crude oil inventory increased rapidly, while storage capacity decreased significantly, and WTI even fell to a negative value for the first time in history this month. Compared with March 31, Brent oil price in April was up $1.995/barrel, up 11.29%; WTI oil price in April was down $2.66/barrel, down 10.85%. Compared with December 31, 2019, Brent oil price decreased by 47.095 USD / barrel, or 79.54%; WTI oil price decreased by 38.92 USD / barrel, or 64.04%. Pure benzene: the port inventory of pure benzene continued to accumulate this month, but the increase decreased. After this month’s Qingming Festival holiday, the pure benzene market was affected by crude oil and external market, bottom reading rebounded, and downstream purchasing was positive, with a rebound of more than 30%. The spot supply in Shandong is tight, and the price increase is more obvious. After two weeks of hoarding, the downstream procurement speed slowed down significantly. In the late ten days, crude oil plummeted and pure benzene began to decline. Downstream products: the price of styrene in Shandong Province was 4650 yuan / ton on April 1, and 5100 yuan / ton on April 30, with a monthly increase of 9.68%. In the early stage, stimulated by favorable crude oil and supply and demand, styrene prices rose driven by rising sentiment, and the overall trading atmosphere of the market was good. In the later stage, the weak raw material surface and the restart of domestic styrene plant gradually increased, which made the situation of supply exceeding demand hard to change in a short time, and the price declined.

 

Industry: according to the price monitoring of the business agency, in April 2020, there are 39 kinds of commodities in the list of rise and fall of bulk commodity prices in the chemical industry sector, including 26 kinds of commodities with an increase rate of more than 5%, accounting for 29.2% of the number of commodities monitored in the sector; the top three commodities with an increase rate are acetone (77.02%), acrylic acid (21.76%) and hydrogenated benzene (20.86%). There are 45 kinds of commodities falling on a month on month basis, 21 kinds of commodities falling by more than 5%, accounting for 23.6% of the number of commodities monitored in the sector; the top three products falling are ethylene (- 31.64%), butadiene (- 24.14%) and hydrochloric acid (- 22.37%). This month’s average rise and fall was 0.37%.

 

3、 Trend Forecast:

 

Many parties have also made some achievements in promoting the process of production reduction agreement. However, in the short term, it is unable to offset the negative impact of the sharp contraction of demand, and the oil market cannot get rid of the situation of excess supply and demand. Short term crude oil prices are expected to remain low. Most of the lower reaches are in the stage of inventory digestion, and the trading atmosphere in the field is light, mainly waiting for the later crude oil and the trend of the outer market. It is expected that the aftermarket pressure of crude benzene will remain.

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Shandong propylene price soared and plummeted in 7 days, with a monthly increase of nearly 15% and a monthly amplitude of more than 80%

1、 Price trend

 

According to the data of the business club’s large scale list, after a huge upward and downward trend in the domestic propylene (Shandong) market price this month, the price fluctuated steadily, with 5239 yuan / ton at the beginning of the month; 5932 yuan / ton at the end of the month, with a monthly increase of 13.22%; the monthly low price appeared on April 2, with 5185 yuan / ton, and the monthly high price on April 12 and 13, with 9446 yuan / ton, with a monthly amplitude of 82.18%.

 

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2、 Analysis and comment

 

Product: the price of propylene in Shandong Province fell in shock last month, and dropped sharply again at the end of the month, with a monthly drop of more than 15%. On the first day, the price continued to decline by 100-200 yuan / ton, and on the second day, it still declined by 50 yuan / ton. On the third day, the price of some enterprises slightly increased by 50-100 yuan / ton. After the Qing Dynasty, the price of propylene increased steadily. On the seventh day, the price began to rise by 100 yuan / ton, and on the tenth day, it rose by 200-300 yuan / ton, while on the 11th day of Saturday, it rose by more than 1000 yuan / ton. On the 12th day of Sunday, it continued to soar by 1000-5000 yuan / ton, Monday After the sharp rise on weekends, the market may need to digest, and the price remained unchanged on the 13th. On the 14th, most of the enterprises’ prices dropped by 1000 yuan / ton, and some of them recovered to the price before the sharp rise. On the 15th, the price dropped by 500-1000 yuan / ton. On the 16th, the price continued to drop by 200 yuan / ton, left and right. On the 17th, the price still fell by 400 yuan / ton. On the 18th, Saturday, the price fell again. On the 19th, Sunday, the price remained stable Mainly, on the 20th, the price slightly increased by about 50 yuan / ton. On the 21st, the price remained stable. On the 22nd, the price began to drop slightly. On the 25th, the price was generally stable with little shocks. On the 28th, the low-end price was generally increased by 50 yuan / ton, and on the 29th, it remained stable. Today, the price rose again by 50 yuan / ton. Now, the market transaction is between 5900-6050 yuan / ton, and the mainstream price is about 5900 yuan / ton. Now it is close to May 1st, and there are some goods just in need downstream, so the price of propylene is slightly higher.

 

Industry chain: in the upstream, affected by the international situation, many countries have introduced production reduction policies to improve the crude oil market, but recently the crude oil price is not ideal and fluctuates frequently. Last Monday, the crude oil in the United States rose after a negative value, but the overall price is low, and the future market is expected to be less optimistic. At the beginning of this week, the market fell again, and then rose again under the influence of international events, but the impact on the future market of propylene less

 

Under the influence of public health events, the modified special materials in PP are melt blown cloth materials, and the price has risen sharply, but PP has now returned to rationality. This month, the PP market also has a significant upward and downward trend after rising, and it rose steadily after recovering in the second half of the month, with a monthly increase of 15.52% and a monthly amplitude of 37.73%. The future market is relatively stable, with little impact on propylene.

 

This month, acrylic acid also rose sharply after the shock, and it stabilized in the later period, with a monthly increase of 21.76% and a monthly amplitude of 29.83%, which had a certain positive impact on propylene.

 

This month’s Propylene Oxide Market is also up and down, up at the end of the month, up 6.47% month on month, 26.61% month amplitude, slightly positive impact on propylene.

 

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Epichlorohydrin rose sharply after a slight decline in this month, and rose sharply in the later period of shock, with a monthly increase of 11.81% and a monthly amplitude of 14.34%, which had a small positive impact on propylene.

 

As one of the raw materials of foreign disinfectants, isopropanol’s domestic price finally began to fall this month. In the first ten days of this month, the price rose steadily. In the last ten days of this month, the price fluctuated downward, with a monthly increase of 11.11% and a monthly amplitude of 29.52%, which had a limited positive impact on propylene.

 

This month, the domestic price of n-butanol rose up and down sharply, with a monthly increase of 13.74% and a monthly amplitude of 35.88%, which had little impact on propylene.

 

This month’s octanol market is also stable, with a monthly increase of 7.28% and a monthly amplitude of 16.46%, which has little impact on propylene.

 

The price of phenol Market in Shandong Province soared after the fall of this month, and rose sharply in the later period, with a monthly increase of 15.81% and a monthly amplitude of 26.40%, which had a small positive impact on propylene.

 

Acetone market in Shandong Province surged, with a monthly increase of 77.02% and a monthly amplitude of 87.50%, which had a significant positive impact on propylene.

 

3、 Future forecast

 

According to the propylene analyst of the chemical branch of business society, the price of international crude oil market is generally low in recent days, but it may rise in the near future due to the impact of the event, so it has little impact on propylene. In April, the price of melt blown cloth rose sharply, which affected the price of propylene. Now it is stable, the downstream is relatively flat, and the price of isopropanol is also flat, which has a slight positive effect on the whole, but has a limited impact. Moreover, it needs to be stocked in May 1st, so it is expected that the price of propylene will stabilize after rising slightly in recent days.

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Lower cost , lower price of ethylene market in April

1、 Price trend:

 

According to the monitoring data of the business agency, the price of ethylene on the outside market in April showed a downward trend. The average price of ethylene on the first day was $517.50/ton, and on the 16th it was $346.00/ton, down 33.14%. The current price is 66.25% lower than last year.

 

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2、 Market analysis:

 

Product: ethylene overall declined in April. Asian ethylene market prices fell sharply. As of the 27th, CFR Northeast Asia closed at US $350-360 / ton, and CFR Southeast Asia closed at US $325-335 / ton. European ethylene market prices fell, as of the 27th, the European ethylene market price for FD northwest Europe closed at $373-386 / ton, CIF northwest Europe closed at $314-325 / ton. The price of ethylene in the U.S. region has declined. As of the 27th, the price is US $187-199 / ton. Generally speaking, in April, the market of ethylene in Europe and the United States continued to decline, and the price of the whole ethylene market has kept breaking the lowest point. The industry pays more attention to the supply and demand after the festival.

 

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Industry chain: International: on April 27, WTI crude oil futures market price in the United States plummeted, and the settlement price of main contracts was 12.78 yuan / barrel, down 4.16 US dollars or 24.6%. Brent crude oil futures market price also fell sharply, the settlement price of main contract was 23.07 USD / barrel, down 1.80 USD or 7.25%. It can’t support the price of ethylene. In April, the price of oil kept refreshing the lowest price, even when it fell to a negative number, so that the external market of ethylene kept falling, the demand of the whole industry was insufficient, and the price of ethylene kept refreshing the lowest price. After the price of styrene in the downstream fell, it was temporarily stable, and the price of ethanol remained stable, but still unable to support the price of ethylene. Ethylene Prices have been falling all the way.

 

3、 Future forecast:

 

According to ethylene analyst of business and chemical branch, in the near future, the global crude oil inventory has risen sharply, and the storage capacity pressure will only become more and more serious. The demand side problem is the most critical factor restricting the oil price at present. In the second quarter, the oil price may remain at a very low level, unable to support the price of ethylene, so the data analyst of business and chemical branch expects that the price of ethylene will keep a narrow decline in the future 。

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On April 27, the market price of hydrofluoric acid in China continued to fall

The hydrofluoric acid commodity index on April 26 was 90.83, unchanged from yesterday, down 35.32% from 140.43 (2018-02-21), the highest point in the cycle, and up 69.49% from 53.59, the lowest point on November 30, 2016. (Note: cycle refers to 2011-09-01 to now).

 

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According to statistics, the price trend of domestic hydrofluoric acid market continues to decline. Up to now, the price of domestic hydrofluoric acid market is 9710 yuan / ton, and the operation rate of domestic hydrofluoric acid is more than 60%. Enterprises report that the current spot supply of hydrofluoric acid in the site is sufficient. Due to the impact of public health events, the downstream demand is reduced, and the recent market of hydrofluoric acid in the site is poor. Due to the poor demand in the downstream, the market of hydrofluoric acid is poor The market price trend continued to decline. At present, the mainstream of hydrofluoric acid negotiation in the south is 8200-9500 yuan / ton, and the price of hydrofluoric acid in the north market is 8500-10000 yuan / ton. The price trend of domestic hydrofluoric acid market continued to decline, and the supply of spot goods was sufficient, but the demand situation did not improve significantly, and the price trend of hydrofluoric acid declined.

 

The price of upstream fluorite market is lower. Recently, fluorite manufacturers have started to increase. Fluorite supply is sufficient, and fluorite price has gradually declined. As of the 27th day, the price of fluorite is 2777.78 yuan / ton. The decline of upstream raw material price has a certain negative impact on hydrofluoric acid market, and the price trend of hydrofluoric acid market is down due to the decline of raw material fluorite price. In recent years, the sales of the automobile industry has been in a downturn, and the trend of the downstream refrigerant market is poor. The demand for the refrigerant has been declining. The special events abroad are serious. The export of the refrigerant terminal is not smooth, and it is mainly supplied to the domestic market. However, the domestic air conditioning industry starts at a low level, and the demand for after-sales maintenance is weak. Overall, the domestic and foreign demand is not as expected. At present, the refrigerant R22 manufacturer’s load is reduced, the inventory is in a reasonable range, and the price is under pressure due to the drag of demand. However, the situation of whether the market has price or not is obvious. The price mainstream of domestic large enterprises is 15000-17000 yuan / ton. The price trend of domestic R134a market has declined, and the unit operating rate of production enterprises has remained at a low level. At present, the downstream operation is not high, and the demand for R134a is cold. In the near future, the procurement of downstream industry is not active, and the price drops slightly. The downstream demand is poor, and the price trend of hydrofluoric acid market continues to decline.

 

In addition to the recent impact on the export volume, the demand for upstream hydrofluoric acid market has declined. However, with sufficient supply of fluorite and poor demand for downstream, Chen Ling, an analyst at the business agency, believes that the market price of hydrofluoric acid may continue to decline.

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Acetic anhydride prices rose this week (4.20-4.24)

1、 Price trend:

 

According to the monitoring data of business agency, the price of acetic anhydride rose sharply this week. As of April 26, the average price of acetic anhydride enterprises was 5225.00 yuan / ton, up 2.20% from 5112.50 yuan / ton at the beginning of the month, and down 7.25% from the same period last year.

 

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2、 Market analysis:

 

Product analysis:

 

This week, the price of acetic anhydride fluctuated slightly and rose. The downstream enterprises of acetic anhydride started to work steadily, and the overall demand for acetic anhydride recovered. In general, the acetic anhydride enterprises started operation, and Yankuang acetic anhydride delivered less, and the overall supply of acetic anhydride was tight. At present, the transaction price of acetic anhydride is about 5000 yuan / ton.

 

Industry chain factor analysis:

 

As can be seen from the figure, the price of acetic acid rose sharply this week, and the cost of acetic anhydride rose. The rise of acetic anhydride market has cost support, which is good for acetic anhydride market.

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It can be seen from the price trend chart of acetic anhydride methanol that the price of methanol fell this week, the price of raw materials fell sharply, and the cost of acetic anhydride fell. The market for acetic anhydride is bad, and the strength to support the rise of acetic anhydride is insufficient.

 

3、 Future forecast:

 

According to Bai Jiaxin, an analyst of acetic anhydride data of business association, the price of acetic acid rose sharply this week, and the price of methanol fell sharply. The overall cost of acetic anhydride rose, but the cost rise was limited. Acetic anhydride has a certain upward momentum. Overall, the market of acetic anhydride in the future is good, and it is expected that the price of acetic anhydride in the future will fluctuate and rise.

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Lower demand downstream, lower price of fluorite and hydrofluoric acid

According to the price trend chart of fluorite, the price trend of fluorite continues to decline. According to statistics, as of April 23, the average price of domestic fluorite is 2777.78 yuan / ton, and the price trend of domestic fluorite is declining. According to statistics, the price of 97 fluorite wet powder in Inner Mongolia is 2600-2900 yuan / ton, that of 97 fluorite wet powder in Fujian is 2600-3000 yuan / ton, that of 97 fluorite wet powder in Henan is 2600-3000 yuan /The price of 97 fluorite wet powder in Jiangxi is 2600-3000 yuan / ton.

 

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In recent years, the price trend of fluorite in China has declined. First, with the gradual warming of the temperature, domestic fluorite enterprises have started to work gradually, the operating rate of fluorite has increased, and the operation of domestic mines and flotation units has increased, which has increased the spot supply of fluorite in the field, sufficient supply of goods in the field, and the price of fluorite in China has fallen. In addition, the northern fluorite manufacturers started construction gradually, the domestic supply of fluorite increased, and the price trend of fluorite in the field fell. Secondly, in the near future, the price of hydrofluoric acid and the market of refrigerants in the downstream are weak, which has a certain negative impact on the domestic fluorite market, and the price of fluorite in China has dropped. Recently, the price of hydrofluoric acid Market and refrigerant industry has declined, and it is expected that fluorite prices will continue to decline in the later period.

 

Fluorite prices gradually fell, and hydrofluoric acid market prices fell.

 

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As of 23 days, the average price of domestic hydrofluoric acid market is 10410 yuan / ton. Recently, the domestic hydrofluoric acid market continues to decline. The mainstream of hydrofluoric acid negotiation in Fujian Province is 9000-10000 yuan / ton, that in Shandong Province is 9500-11000 yuan / ton, that in Jiangxi Province is 9000-10500 yuan / ton, that in Inner Mongolia is 9000-9500 yuan / ton, and that in hydrofluoric acid market is full of supply Enough, the market price continues to fall.

 

In the near future, the operation rate of hydrofluoric acid in China is about 60%. The enterprises report that the spot supply of hydrofluoric acid in the site is sufficient at present, but the downstream market is not good, and the demand for hydrofluoric acid market is weak. In the near future, due to the price drop in the downstream market, and the price of fluorite in the upstream, the domestic market price of hydrofluoric acid continues to decline. In the near future, most of the manufacturers report that hydrofluoric acid has a serious loss, Domestic hydrofluoric acid market price continued to fall due to negative influence. In recent years, the sales of the automobile industry has been in a downturn, and the trend of the downstream refrigerant market is poor. The demand for refrigerants continues to decline. Foreign special events are serious, and the export of refrigerant terminals is not smooth, which is mainly supplied to the domestic market. However, the domestic air conditioning industry starts at a low level, and the demand for after-sales maintenance is weak. Overall, the domestic and foreign demand is not as expected. At present, the refrigerant R22 manufacturer’s load is down, the inventory is in a reasonable range, and the price is under pressure due to the drag of demand. However, the situation of whether the market has price or not is obvious. The main price of domestic large enterprises is 15000-18000 yuan / ton. The price trend of domestic R134a market is declining, and the unit operation rate of production enterprises remains low. At present, the downstream construction is not high, the demand for R134a is cold, the procurement of downstream industry is not active in the near future, the price drops slightly, the downstream demand is poor, and the price trend of hydrofluoric acid market continues to decline. In addition, the supply of fluorite in the north is gradually increasing, and it is expected that the market price of hydrofluoric acid will continue to decline in the later period.

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On April 21, the market price of hydrofluoric acid in China continued to decline

On April 20, the HFA commodity index was 96.10, unchanged from yesterday, down 31.57% from 140.43 (2018-02-21), the highest point in the cycle, and up 79.32% from 53.59, the lowest point on November 30, 2016. (Note: cycle refers to 2011-09-01 to now).

 

According to statistics, the price trend of domestic hydrofluoric acid market continues to decline. Up to now, the price of domestic hydrofluoric acid market is 10410 yuan / ton, and the operation rate of domestic hydrofluoric acid is more than 60%. Enterprises report that the current spot supply of hydrofluoric acid in the site is sufficient. Due to the impact of public health events, the downstream demand is reduced, and the recent market of hydrofluoric acid in the site is poor. Due to the poor downstream demand, the market of hydrofluoric acid is poor The market price trend continued to decline. At present, the mainstream of hydrofluoric acid negotiation in the south is 9000-10000 yuan / ton, and the price of hydrofluoric acid in the north market is 9000-10500 yuan / ton. The price trend of domestic hydrofluoric acid market continued to decline, and the supply of spot goods was sufficient, but the demand situation did not improve significantly, and the price trend of hydrofluoric acid declined.

 

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The price of fluorite in the upstream market is lower. Recently, fluorite manufacturers have started to increase. The supply of fluorite is sufficient, and the price of fluorite has gradually declined. As of the 21st day, the price of fluorite is 2788.89 yuan / ton. The decline of upstream raw material price has a certain negative impact on the hydrofluoric acid market, and the price trend of hydrofluoric acid market is down due to the decline of raw material fluorite price. In recent years, the sales of the automobile industry has been in a downturn, and the trend of the downstream refrigerant market is poor. The demand for the refrigerant has been declining. The special events abroad are serious. The export of the refrigerant terminal is not smooth, and it is mainly supplied to the domestic market. However, the domestic air conditioning industry starts at a low level, and the demand for after-sales maintenance is weak. Overall, the domestic and foreign demand is not as expected. At present, the refrigerant R22 manufacturer’s load is down, the inventory is in a reasonable range, and the price is under pressure due to the drag of demand. However, the situation of whether the market has price or not is obvious. The main price of domestic large enterprises is 15000-18000 yuan / ton. The price trend of domestic R134a market has declined, and the unit operating rate of production enterprises has remained at a low level. At present, the downstream operation is not high, and the demand for R134a is cold. In the near future, the procurement of downstream industry is not active, and the price drops slightly. The downstream demand is poor, and the price trend of hydrofluoric acid market continues to decline.

 

In addition to the recent impact on the export volume, the demand for upstream hydrofluoric acid market has declined. However, with the sufficient supply of fluorite and the poor demand for downstream, Chen Ling, an analyst with the business agency, believes that the market price of hydrofluoric acid may be slightly lower.

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The formic acid market overall operated smoothly this week (4.13-4.17)

According to the data of business agency, the weekly average price of industrial grade purified water formic acid in China this week is 2300 yuan / ton. The formic acid market is generally stable this week, with little market price fluctuation.

 

2、 Market analysis

 

Product: the domestic industrial grade purified water 85% formic acid market is relatively stable this week, and the overall price maintains the early stage. In terms of equipment: the manufacturer’s equipment is basically in normal operation, and the dealers report that the supply of goods in the market is a little tight and the inventory is insufficient. In terms of price: this week, the company’s quotation basically remained stable. The main factory price of formic acid was about 2300 yuan / ton, and that of main dealers was about 2520 yuan / ton. Local freight is smooth. Before that, a small number of manufacturers raised their prices due to freight and device problems. This week, they all returned the original prices. As of Friday (April 17), Zhangzhou San’an Chemical Co., Ltd. has quoted 2000 yuan / ton; Zibo Pulis Chemical Co., Ltd. 1850 yuan / ton; Jinzhou jinhongda Chemical Co., Ltd. 2150 yuan / ton; Hangzhou Fengchang Trade Co., Ltd. 85% formic acid net water price including tax is 2900 yuan / ton.

 

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Industrial chain: the market of liquid ammonia, the upstream product of formic acid, has been in stable operation. Recently, the urea market has been stable, and some manufacturers have increased slightly. The supply of liquid ammonia is in order, and the overall supply is equal to that at the beginning of the month. Domestic caustic soda mainly maintains weak operation. The upstream caustic soda products generally support the formic acid market, while the downstream products, leather and pesticide industry, have a general demand.

 

3、 Future forecast

 

According to the formic acid data division of business association, at present, the domestic industrial grade 85% formic acid market is relatively stable, enterprises generally maintain stability and wait-and-see, the downstream demand is general, the market favorable factors are insufficient, and the domestic industrial grade 85% formic acid market is expected to maintain stability in the short term.

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From the attack of returning to rationality, the price of drawable polypropylene has been sharply reduced

1、 Price trend

 

Skyrocketing and plummeting are just like the positive and negative sides of a product. Just in the long drought, polypropylene, which has skyrocketed across Gansu Province, fell again. According to the data monitored by the business agency, the domestic PP (brushed) market fell sharply on April 17 (Friday), and the spot price fell by thousands. As of this evening, the main offer price of T30S for domestic producers and traders is about 8033.33 yuan / ton on average, with a one-day drop of 7.66%. On the contrary, the market price of PP (fiber) is stable in all directions, and even some manufacturers raise the price of fiber products. If the sharp rise at the beginning of this week is the madness of the market, the callback of today’s wire drawing material is a signal that the market returns to rationality.

 

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2、 Cause analysis

 

Polypropylene has ended its three-month decline since the 6th of this month, with a sharp rise across the line. The spot price of domestic polypropylene market has skyrocketed, and polypropylene is a rare commodity for a while. Polypropylene, as an important material of social health prevention and control materials, enjoys high brightness. At the same time, there are some small workshops that use polypropylene fiber materials to produce masks that do not meet the standards, and the investment market blindly pursues polypropylene in order to take a share of this big increase, which results in a big increase in all polypropylene materials. According to the data monitored by the business association, the highest average price of PP (drawing) in the near future is about 8700.00 yuan / ton, with the largest increase of 32.82% higher than the average price at the beginning of the month. However, with the vigorous rectification of the manufacturers of inferior masks by the relevant departments in Yangzhong and other regions of Jiangsu Province, and the popularization of polypropylene materials for masks in the industry, the polypropylene market is now gradually returning to rationality.

 

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On the upstream side, peripheral news said that after oil producing countries such as Saudi Arabia and Russia issued production reduction agreements, crude oil did not rise but fell, with WTI and Brent both falling significantly. Industry reaction that its production reduction may be less than the global market demand recession expectation, which has a negative impact on PP direct upstream propylene. On Monday, the market may need to digest the sharp rise in the weekend. On the 13th, the price remained unchanged. On the 14th, the price of most enterprises dropped by 1000 yuan / ton, and some of them recovered to the price before the sharp rise. On the 15th, the price dropped by 500-1000 yuan / ton. On the 16th, the price continued to drop by 200 yuan / ton. Today, the price still dropped by 400 yuan / ton. Now, the market transaction is between 5900-6500 yuan / ton The mainstream price is about 5900 yuan / ton.

 

PP (fiber), as the secondary main force of prevention and control materials, has not been explored with PP (drawing) today. The factory price of large factories is stable temporarily, and the current demand is acceptable. This may prove that the new entrants tend to be professional and reduce the blind purchase and sale of varieties. The atmosphere of speculation in the market is getting weaker and gradually returning to the general law of supply and demand prices.

 

3、 Future forecast

 

PP analysts of the business club think: on April 17, the domestic PP (brushed) spot market market was sharply revised back and returned to rationality. The upstream propylene price also retreated to about 5900 yuan / ton, and the support for PP cost side returned to the normal supply and demand law. The return rate of downstream factories needs to be further improved. In terms of demand, the order follow-up is average. PP (fiber) has not been affected at present, and the price is temporarily stable.

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On April 16, the price trend of hydrofluoric acid Market in China fell back

On April 15, the hydrofluoric acid commodity index was 96.10, down 0.45 points from yesterday, down 31.57% from 140.43 (2018-02-21), the highest point in the cycle, and up 79.32% from 53.59, the lowest point on November 30, 2016. (Note: cycle refers to 2011-09-01 to now).

 

Gamma Polyglutamic Acid

According to statistics, the price trend of domestic hydrofluoric acid market has fallen. Up to now, the price of domestic hydrofluoric acid market is 10590 yuan / ton, and the operation rate of domestic hydrofluoric acid is more than 60%. Enterprises report that the current spot supply of hydrofluoric acid in the site is sufficient. Due to the impact of public health events, the downstream demand is reduced, and the recent market of hydrofluoric acid in the site is poor. Due to the poor downstream demand, the market price of hydrofluoric acid is low Grid trend down. At present, the mainstream of hydrofluoric acid negotiation in the south is 9000-10500 yuan / ton, and the price of hydrofluoric acid in the north market is 9500-11000 yuan / ton. The price trend of domestic hydrofluoric acid market has declined, and the supply of spot goods is sufficient, but the demand situation has not improved significantly, and the price trend of hydrofluoric acid has declined.

 

The price of upstream fluorite market is lower. Recently, fluorite manufacturers have started to increase. Fluorite supply is sufficient, and fluorite price has gradually declined. As of the 16th, the price of fluorite is 2961.11 yuan / ton. The decline of upstream raw material price has a certain negative impact on hydrofluoric acid market, and the price trend of hydrofluoric acid market is down due to the decline of raw material fluorite price. In recent years, the sales of automobile industry has been in a downturn, the market trend of refrigerant downstream of the terminal is poor, the demand for refrigerant has been declining, the domestic R22 supply is sufficient, the domestic market price trend of refrigerant R22 has fallen, the starting load of the manufacturer’s production device is still not high, the supply of goods in the market is normal, the downstream air-conditioning manufacturer stops more, and the demand changes little, in addition to foreign public health affairs The main price of domestic large enterprises is 16000-18000 yuan / ton. The price trend of domestic R134a market has declined, and the unit operating rate of production enterprises has remained at a low level. At present, the downstream operation is not high, and the demand for R134a is cold. In the near future, the procurement of downstream industry is not active, and the price drops slightly. The downstream demand is poor, and the price trend of hydrofluoric acid market continues to decline.

 

In addition to the recent impact on the export volume, the demand for upstream hydrofluoric acid market has declined. However, with the sufficient supply of fluorite and the poor demand for downstream, Chen Ling, an analyst with the business agency, believes that the market price of hydrofluoric acid may be slightly lower.

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